In the upcoming week, critical developments in U.S. economic policy are poised to influence the cryptocurrency landscape significantly.
On Monday, former President Trump will provide updates regarding semiconductor tariffs, which could have far-reaching implications for tech companies heavily invested in crypto mining operations.
Tuesday will feature remarks from key Federal Reserve figures, including Philadelphia Fed President Harker and Atlanta Fed President Bostic. Their discussions on monetary policy and the Fed’s role in the evolving economy are crucial for investors monitoring potential shifts affecting the crypto market.
Thursday sees Fed Chair Jerome Powell addressing the Economic Club of Chicago, a speech likely to address inflation concerns and interest rate trajectories. Additionally, the release of U.S. Initial Jobless Claims data up to April 12th may expedite market reactions.
Trading will pause on Friday due to the New York Stock Exchange closure, offering a moment for reflection as the week unfolds.